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Global Point of Care Testing Market Is Expected to Reach US$ 38 Billion by 2022; Finds New Report

Market Research Reports, Inc. has announced the addition of “Point of Care Testing - Global Analysis & Market Forecasts” research report to their website www.MarketResearchReports.com

Lewes, DE -- (SBWIRE) -- 06/14/2016 -- Point of care (POC) technologies are rapidly becoming part of the revolution of the healthcare landscape. With evolving high–tech innovations in healthcare, including smartphone apps, biosensors, lab–on–a chip, and wearable devices—all of which offer a closer connection to the patient. The dynamic of point of–care testing (POCT) is to bring testing closer to the patient and results conveniently and quickly to the provider to expedite diagnosis and subsequent treatment. POCT allows for faster clinical decisions in hospitals, physicians' offices, ambulances, patient homes, and in the field.

The global point of care testing market is projected to reach US$ 38 Billion by 2022, at a CAGR of XX% from 2016 to 2022. The global market is mainly driven by increasing prevalence of infectious diseases in developing countries, the rising incidences of lifestyle diseases such as cardiac diseases and diabetes, the rising usage of home–based POC devices, and technological advancements with regard to development of advanced, faster, and easy to–use devices are stimulating the demand for POCT

This report titled "Point of Care Testing – Global Analysis & Market Forecasts" provides a comprehensive analysis of the emerging point of care tests market segments, including their dynamics, size, growth, regulatory requirements, technological trends, competitive landscape, and emerging opportunities for instrument and consumable suppliers. This report also provides market landscape and market share information in the point of care testing market. The report brings together major merger & acquisition, distribution agreement, licensing deals and collaboration deals information in point of care testing market. The report also entails major drivers and challenges of point of care testing market.

The following 13 segments of the point of care testing market are detailed with market size and six year forecast.

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